Ubisoft shares skyrocket 30% after report Tencent, Guillemot family considering buyout

The Ubisoft logo displayed during the Brand Licensing Europe at ExCel London on September 24, 2024.

John Keeble | Getty Images

Shares of French video game publisher Ubisoft surged over 30% on Friday after a media report that Tencent and the firm’s founding Guillemot family are considering a potential buyout of the company.

Bloomberg News reported Friday that Tencent and the Guillemot family, which are both minority shareholders of Ubisoft, are considering a buyout among other options after the company lost more than half its market value this year.

Shares of Ubisoft were last trading around 30% as of 3:20 p.m. London time.

This is a breaking news story. Please refresh for updates.

Source

World

Singapore’s economy grows 4.3% in second quarter, beating expectations

July 14, 2025

This photo shows the Marina Bay Sands hotels resort and Garden by the Bay domes backdropped with the city skyline in Singapore on June 27, 2025. Roslan Rahman | Afp | Getty Images Singapore’s economy grew at 4.3% year over year in the second quarter of 2025, accelerating from 4.1% in the first three months […]

World

Asia-Pacific markets set to open lower as investors assess Trump’s 30% tariffs on EU and Mexico

July 14, 2025

Asia-Pacific markets open mixed Asia-Pacific markets started the day mixed Monday. As of 8.10 a.m. Singapore time, Japan’s Nikkei 225 benchmark lost 0.33% while the broader Topix index ticked down 0.21%. In South Korea, the Kospi index was up 0.22% while the small-cap Kosdaq moved up 0.19%. Over in Australia, the S&P/ASX 200 benchmark was down 0.1%. — […]

World

Chelsea beats PSG 3-0 for Club World Cup title as Palmer scores twice and sets up third goal

July 13, 2025

Chelsea’s Cole Palmer celebrates with the trophy after winning the FIFA Club World Cup. Mike Segar | Reuters EAST RUTHERFORD, N,J. — Cole Palmer scored twice and fed João Pedro for a goal as Chelsea overwhelmed Paris Saint-Germain in the first half and beat the European champions 3-0 on Sunday in the final of the […]